Housing prices in Spain rose +3.6% in 2019

Spanish foreign tourism hits new record with 83.7 M visitors in 2019 and a spending rising 2.8%

The average price of housing in Spain in 2019 increased by 3.6% last year. Only in December it experienced an increase of + 1.2%, according to the real estate valuation company Tinsa.

Region’s capitals and large cities registered higher growth than average (+ 2.4% in December). The Mediterranean coast accumulates three consecutive months of price falls.

The evolution of prices in 2019 is in line with expectations (+3% / + 5% depending on the source), analysts at Bankinter commented. The slowdown in housing prices continues, which should lead to price increases of +1% / + 2% in both 2020 and 2021.

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The Corner
The Corner has a team of on-the-ground reporters in capital cities ranging from New York to Beijing. Their stories are edited by the teams at the Spanish magazine Consejeros (for members of companies’ boards of directors) and at the stock market news site Consenso Del Mercado (market consensus). They have worked in economics and communication for over 25 years.